Research
25 September 2020 NEW!
Today's JCI movement will try to stay above the support level of 4,800, since it is in ...
Research
24 September 2020
The fall on Wall Street will further aggravate JCI steps amid economic recession sentim...
25 September 2020 NEW!
Today's JCI movement will try to stay above the support level of 4,800, since it is in a downward trend that has occurred since early September. Investors will weigh the effects of a strict PSBB extension in Jakarta until 11 October 2020.
24 September 2020
The fall on Wall Street will further aggravate JCI steps amid economic recession sentiment. Technically, there has been a reversal signal from the current position in the lower bollinger band area and the RSI level entering the oversold area with less foreign net sell. However, investors will continue to be aware of the persistence of various negative sentiments on the JCI.
23 September 2020
The JCI movement continued the downward trend amid rampant negative sentiments and prediction of contracted Q3/2020 growth. But with the global market rebound and index movement to the oversold area, the JCI today has the opportunity to experience technical rebound.
22 September 2020
Negative sentiments from the global market and the lack positive news domestically caused JCI to fall under the 5,000 level. For today, JCI movement is predicted to continue the downward trend that begun in early September.
21 September 2020
Domestically, investors are still monitoring the high number of new Covid-19 cases entering the second week of the reintroduction of the PSBB in Jakarta. After successfully strengthening last week, the JCI this week is expected to consolidate with a tendency to weaken.
